Fluor-Technip JV awarded Petronas RAPID contract

Fluor Corporation, in a joint venture with Technip, was awarded an engineering, procurement and construction management contract for the Petronas RAPID project located in Pengerang, Malaysia.

Under the contract, the Fluor and Technip joint venture will be responsible for the utilities, interconnecting and offsites scope of work. Fluor booked the contract in the third quarter of 2014.

PRPC Utilities and Facilities and Petrochemical Corporation who awarded the contract are both members of the Petronas group, Malaysia’s national oil and gas company.

RAPID is part of the mammoth Petronas Pengerang Integrated Complex development that is worth an estimated US$27 billion. It comprises RAPID and its associated facilities including the Pengerang co-generation plant, liquefied natural gas re-gasification terminal, air separation unit, the raw water supply project as well as other ancillary facilities.

RAPID will consist of a 300,000-barrels-per-day refinery and petrochemical complex with a combined capacity of producing 7.7 million metric tons per year of various grades of products, including differentiated and specialty chemicals products. Start-up is expected by early 2019.

A Fluor-Technip consortium was also awarded the Program Management Consultancy contract for the RAPID project in December 2013.